Offers in Compromise

An Offer in Compromise could be just the Solution you need. Find out today.

Maybe you didn’t know that the IRS has an Offer in Compromise program that can be utilized by the tax payer when liability has been incorrectly assessed or when total liability is more than you can afford to pay.
When presented correctly to the IRS, this might mean your tax liability is entirely eliminated for as little as 5-15% of the total amount.

Our experienced tax specialists can help you determine if you might qualify for an Offer in Compromise, or if a tax payment plan would be the better route for you to go.

Fill out the form at the bottom of this page for a FREE Consultation if you need help solving your tax problems.

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The 5 Worst AI Mistakes Skagit County Business Owners Should Avoid

 Key TakeawaysNever automate high-stakes customer interactions entirely. Use AI to handle data gathering, but ensure a human handles emotional or complex resolutions to protect your brand reputation. AI output is only as reliable as your input. Clean and...
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What Smart Skagit County Owners Do When Using AI for Small Business Growth

 Key Takeaways Small businesses often see faster financial returns from AI than large companies because they can change workflows quickly AI only works if you can tie it to measurable outcomes like cost savings, revenue growth, or capacity...
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AI Productivity Hacks For Your Skagit County Business

 Key TakeawaysAI provides the most immediate value when applied to existing business leaks like scheduling, invoicing, and slow customer response times Business owners can use AI as a high-speed data analyst to uncover profit margins, customer segments, and...
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What’s My Skagit County Partnership or S Corp Tax Filing Deadline?

 Key TakeawaysThe Partnership and S Corp tax filing deadline is Monday, March 16, 2026. These returns don’t calculate tax owed by the business. They generate Schedule K-1s for the owners. You cannot accurately file your personal return without your...
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TurboTax vs Tax Preparer: How Should I File My Skagit County Business Taxes?

 Key TakeawaysDIY tax software can work for very simple, low-income businesses, but it assumes you already know how to classify transactions and identify tax opportunities. A tax preparer makes sure expenses, credits, and entity decisions are handled legally...
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What Do I Need to Bring To My Tax Appointment With My Skagit County Accountant?

 Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases Proof of tax payments already made...
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What’s The Last Date For Employers To Send Out W-2 Forms to Skagit County Employees?

 Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...
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How Many KPIs Should You Have For Your Skagit County Business?

 Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just...
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Season’s Greetings From Padgett & Padgett, PLLC CPA

Season’s greetings from the Padgett & Padgett, PLLC CPA team. For you and me both, this week can feel like a blur – trying to finish out last-minute year-end tax moves while making sure the books are wrapping up nicely. And while it’s rather fast-paced...
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What Are The Year-End Tax Moves to Make Now For Skagit County Business Owners?

 Key TakeawaysIt is not too late to create meaningful tax savings before December 31, but the remaining moves are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted this...
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